Industry description
The investment seeks to provide investment results that, before fees and expenses, if any, are similar to the Bloomberg U.S. Government Credit Bond Index.
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The xndex is a broad-based flagship benchmark that measures the non-securitized component of the Bloomberg U.S. Aggregate Index.